Tag Archives: ETHBTC

ETH/USD – Ether Finally Breaks August Resistance Key Support Levels: $3350, $3200, $3000.Key Resistance Levels: $3540, $3600, $3700. Ethereum has been trapped inside a consolidation period since it established resistance at $3350 during mid-August. The cryptocurrency failed to overcome the resistance provided by a bearish .618 Fib Retracement and ended up forming a symmetrical triangle from there. ETH had been trading inside this triangle pattern for the past fortnight as it...

ETH/USD – Ether Forms Symmetrical Triangle Key Support Levels: $3150, $2985, $2890.Key Resistance Levels: $3350, $3540, $3700. Since surging from $1800 at the end of July to meet resistance at $3350 in the first half of August, Ethereum has been consolidating inside a symmetrical triangle pattern. It has made over four attempts to break the $3350 resistance, provided by a bearish .618 Fib, and failed on each attempt. Recently, ETH has been using the 20-day MA as support as it...

While mistakes are inevitable, some are costlier than others, and this one has cost an NFT holder $54,000. After minting the Mutant Ape #5275 NFT hours ago, the holder then tried to sell it on OpenSea, but the deal did not go as he would have wanted. Instead of selling his Ape for $54,000, the owner mistakenly sold it for $17, which is 99.9% below a floor price of 7.95 ETH ($24,200). $17 Instead of $54k Most digital collectibles on OpenSea and other Ethereum-based NFT markets...

Bitcoin attempted to reach $50,000 once more in the past 24 hours, but it was rejected, which drove it south hard. Most altcoins have stalled, which has enabled SOL to outplace Polkadot as the 8th largest cryptocurrency following another impressive surge and ATH. SOL’s Latest ATH Takes it to N8 Most alternative coins have performed rather similarly to bitcoin in the past few days. As such, they have remained relatively stagnant on a daily scale, despite the intraday...

Following a few days of price declines, bitcoin has bounced off and jumped to around $49,000. Most alternative coins have also reacted well to the recent slumps, with impressive increases now. ADA leads the pack with a 10% surge to above $2.8. Bitcoin Touched $49K As reported by CryptoPotato, the past few days didn’t go well for the primary cryptocurrency. It had failed to remain above $50,000 after it breached that level for the first time since mid-May and the bears had a...

A bug afflicting a prior version of Geth has just caused the Ethereum mainnet to split. Nodes running the old client are being barred from the main network. This could threaten the possibility of double-spending and lost funds for those using the network. Go Ethereum just tweeted that a bug afflicting the old version of Geth has caused the Ethereum mainnet to fork. He urges all nodes to immediately update to the current version 1.10.8, which was announced just days ago. A...

Bitcoin (BTC) Bitcoin is up a small 1% this week after getting rejected trying to breach above the $50,000 mark on Monday. The current high since May now lies at $50,500. Unfortunately, BTC was unable to sustain this level and ended up closing the daily candle beneath $50K. Following the rejection, BTC headed sharply lower: Yesterday it fell back beneath $47,800, recording its weekly low amid $46.3k, however, the bitcoin price managed to close the day on top of the crucial...

Bitcoin continued to trade around the $47,000 line in the past 24 hours after it dropped to a weekly low beneath $46,400. Most altcoins have stalled since yesterday, except for Solana. SOL has gone on to chart another all-time high above $83 after a double-digit surge. SOL’s Latest ATH The alternative coins, similarly to their leader, lost significant chunks of value in the past few days. Ethereum, for example, went from about $3,360 to beneath $3,100. As of now, it has...

ETH/USD – Will the 20-day MA Hold? Key Support Levels: $3150, $3080, $3000, $2960. Key Resistance Levels: $3190, $3350, $3400. Despite ETH is up by a solid 47% over the past month and 6% weekly (according to CoinGecko), it failed in breaching the critical resistance at $3350. The latter resistance is provided by a bearish .618 Fib Retracement level, and it prevented the market from pushing higher in mid-August. After the previous failed attempt, ETH retraced into the 20-day...

The cryptocurrency space has repeatedly taught us that with time anything can be valuable, even a collection of ordinary, digital rocks with no “real” value or purpose. For the past few months, the entire industry has been raving about non-fungible tokens (NFTs), which are digital collectibles stored on the blockchain and can represent anything from art to music and real-world assets. The craze has seen Investors pay mad money just to acquire NFTs like the infamous Beeple’s...